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'Completed deliverables not accepted by customers must require a change request for defect repair' is the correct answer. [PMBOK 5th edition, Page 136] [Project Scope Management]41.A - A critical chain method is used to prepare a schedule network diagram with limited resources. A network diagram is prepared initially and the critical path is then calculated. Availability of resources is entered and resource-limited schedule is prepared.Duration buffers are used in critical chain method. Hence, recalculating the critical path using the critical chain method is the next best step. [PMBOK 5th edition, Page 178] [Project Time Management]42.D - Modeling techniques are used to prepare a schedule under different scenarios. The outcome of these techniques assess the feasibility of the project schedule if adverse conditions exist. Monte Carlo is one of such techniques that involves simulation by calculating multiple project duration with different set of activity assumptions using probability distribution. [PMBOK 5th edition, Page 180] [Project Time Management]43.B - Sending the deliverables to the customer for acceptance is an activity of Validate Scope process. The rest of the choices are activities related to the Close Project or Phase process. [PMBOK 5th edition, Page 101] [Project Integration Management]44.D - When risks cannot be handled or managed in a project, it is advisable to accept them. In this scenario, your team is unable to identify suitable response strategy. Hence, risk acceptance is the correct strategy to plan for. [PMBOK 5th edition, Page 345] [Project Risk Management]Page 9 of 10PMP Exam Prep: Questions, Answers & Explanations, 2013 Edition
45.B - A project statement of work and a business case are inputs to the Develop Project Charter process. A project charter is an output of the Develop Project Charter process. Professional and technical associations are used as tools to gather expert opinions while developing a charter. Hence, 'Professional and technical associations' is the correct answer. [PMBOK 5th edition, Page 66] [Project Integration Management]46.C - Micro-management does not motivate an individual. The motivation factors include: job satisfaction, challenging work, sense of accomplishment, achievement and growth, financial compensation, and other rewards and recognitions. [PMBOK 5th edition, Page 514] [Project Human Resource Management]47.D - A Schedule Performance Index (SPI) of less than one indicates that less work has completed than planned and a Cost Performance Index (CPI) of less than one indicates a cost overrun for the work completed. In this scenario, cost overrun is more compared to the schedule delay. Therefore, you must focus on the cost of the project to reduce it for next phase. [PMBOK 5th edition, Page 219] [Project Cost Management]48.C - When there is a limited amount of information available about a project, analogous estimating is used to estimate the activity durations. This estimating technique uses parameters such as budget, complexity and size from previous projects to estimate the duration. Since the project manager has just started planning and he has very limited information, he must use analogous estimating. [PMBOK 5th edition, Page 169] [Project Time Management]49.A - When you find a defective product, you must notify customers immediately even if the deviation may not affect customers. As